Performance Improvement Benchmarks for Distributors and Equipment Upfitters

Tuesday, March 9, 9:00am–12:00pm

Gain insights into key performance measurements and benchmarks that can be used to improve profitability and the performance of your business. An ongoing work truck industry study is being conducted by the NTEA and the Michigan Manufacturing Technology Center (MMTC), an affiliate of the nationally recognized Manufacturing Extension Partnership (MEP).

The study will examine data gathered from a cross-section of NTEA member companies to demonstrate the proven indicators that are common to high-performing truck equipment distributors and upfitters. Operational disciplines such as financial ratio analysis, labor utilization, inventory turns, scrap reduction and facility optimization will be examined. Emerging benchmarks to incorporate “green” and energy-use reduction initiatives into your business operation will also be considered. Session participants will receive insight and the results from the first phase of the project. MEP representatives will be on hand to discuss your participation in this ongoing study.

Presented by: Dr. Daniel Luria, Research Director, Michigan Manufacturing Technology Center (Plymouth, MI)

Dr. Luria directs the MMTC’s Performance Benchmarking Service, which has produced more than 11,000 customized benchmarking reports for nearly 4,800 manufacturers in North America and beyond since 1993. Recent projects include benchmarking U.S. manufacturers’ costs in relation to offshore competitors; estimating costs and benefits of fuel-saving technologies and hybrid vehicle producer credits; and modeling the economic coherence of the upper Great Lakes region. He holds a BA from the University of Rochester, an MA from the University of Michigan and a PhD from the University of Massachusetts.

Ticket required. Special Session not included in any package.